Wall Street Zen Upgrades Camden Property Trust (NYSE:CPT) to Sell

Camden Property Trust (NYSE:CPT) was upgraded by equities research analysts at Wall Street Zen from a “strong sell” rating to a “sell” rating in a report issued on Saturday, Wall Street Zen reports.

Several other equities research analysts have also recently weighed in on the stock. Cantor Fitzgerald increased their price target on shares of Camden Property Trust from $102.00 to $111.00 and gave the company a “neutral” rating in a research report on Monday, August 3rd. Scotiabank decreased their price objective on shares of Camden Property Trust from $109.00 to $102.00 and set a “sector underperform” rating on the stock in a research report on Thursday. Wells Fargo & Company lowered their price objective on shares of Camden Property Trust from $113.00 to $110.00 and set an “equal weight” rating for the company in a research note on Tuesday, September 1st. Evercore set a $114.00 target price on shares of Camden Property Trust in a report on Friday, August 7th. Finally, UBS Group reissued a “neutral” rating and issued a $105.00 target price (down from $106.00) on shares of Camden Property Trust in a research note on Tuesday, September 15th. Three equities research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Camden Property Trust presently has an average rating of “Hold” and a consensus price target of $115.62.

Camden Property Trust Price Performance

CPT opened at $99.19 on Friday. The stock has a 50-day moving average price of $108.69 and a 200-day moving average price of $107.08. Camden Property Trust has a 12-month low of $96.53 and a 12-month high of $119.81. The company has a current ratio of 0.18, a quick ratio of 0.18 and a debt-to-equity ratio of 1.25. The stock has a market capitalization of $9.97 billion, a P/E ratio of 32.84, a PEG ratio of 7.02 and a beta of 0.77.

Camden Property Trust (NYSE:CPT) last announced its quarterly earnings data on Thursday, July 30th. The real estate investment trust reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $1.67 by ($1.49). The firm had revenue of $396.07 million for the quarter, compared to analysts’ expectations of $392.88 million. Camden Property Trust had a net margin of 20.80% and a return on equity of 7.66%. The business’s quarterly revenue was up 7.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.70 earnings per share. Camden Property Trust has set its FY 2026 guidance at 6.680-6.820 EPS and its Q3 2026 guidance at 1.670-1.710 EPS. Equities analysts predict that Camden Property Trust will post 6.75 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Centersquare Investment Management LLC raised its holdings in Camden Property Trust by 3.6% in the fourth quarter. Centersquare Investment Management LLC now owns 2,828,602 shares of the real estate investment trust’s stock worth $311,373,000 after purchasing an additional 98,130 shares in the last quarter. Goldman Sachs Group Inc. boosted its holdings in shares of Camden Property Trust by 64.1% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,113,896 shares of the real estate investment trust’s stock valued at $232,698,000 after buying an additional 825,769 shares in the last quarter. Maverick Capital Ltd. boosted its holdings in shares of Camden Property Trust by 1.6% during the 1st quarter. Maverick Capital Ltd. now owns 1,867,866 shares of the real estate investment trust’s stock valued at $182,416,000 after buying an additional 30,076 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Camden Property Trust by 2.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,598,671 shares of the real estate investment trust’s stock worth $156,128,000 after buying an additional 37,456 shares during the period. Finally, Norges Bank purchased a new stake in shares of Camden Property Trust in the 4th quarter worth about $154,587,000. Hedge funds and other institutional investors own 97.22% of the company’s stock.

About Camden Property Trust

Camden Property Trust (NYSE:CPT) is a real estate investment trust that owns, develops, acquires, and manages apartment communities. Its portfolio is focused primarily on multifamily housing, with properties offering a range of apartment floor plans and amenities designed for renters in urban and suburban markets.

The company serves residents across several major metropolitan areas in the U.S. Sun Belt, including markets in Texas, Colorado, Arizona, California, Georgia, North Carolina, Florida, and Tennessee.